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Rethink Education to Invest $5mm in Seed Stage, Underrepresented Founders Improving Learning Outcomes and Economic Mobility

Press release content from Business Wire. The AP news staff was not involved in its creation. Rethink Education to Invest $5mm in Seed Stage, Underrepresented Founders Improving Learning Outcomes and Economic Mobility February 26, 2021 GMT WHITE PLAINS, N.Y. (BUSINESS WIRE) Feb 26, 2021 Rethink Education has earmarked $5mm from Rethink Education III to invest in underrepresented people of color helping solve some of the toughest challenges from education to workforce development. The team has coined this initiative Rethink Equity, acknowledging that venture capital is hardly distributed on a level playing field. White men make up approximately 30% of the population yet receive 77% of all venture capital, whereas Latinx founders receive only 2% and African Americans receive only 1%, according to Crunchbase.

Xugar announces two new appointments

Xugar announces two new appointments January 15, 2021 9:58 Melbourne based digital agency Xugar has announced two new hires from Google and Altran. The announcement: One of Melbourne’s fastest growing digital agencies, Xugar, has this year appointed outstanding talent from multinational technology company Google and Altran, a blue chip world leader in engineering and research and development services. Previously an Account Strategist in the advertising department of mega tech firm Google, Sushma Kollu has come on board as Paid Ads Manager for Xugar where her duties will include designing optimal paid search campaigns, launching various pay-per-click advertising campaigns and overseeing accounts on search platforms like Google Ads and Bing.

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